Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

China unveils new emissions and clean energy pledges

China unveils new emissions and clean energy pledges

Chinese President Xi Jinping on Saturday pledged to cut carbon emissions per unit of economic output by over 65% by 2030 and boost the share of nonfossil fuels in energy consumption to roughly 25% by then.

China is by far the world’s largest greenhouse gas emitter, and the announcement offers new specifics about the country’s existing climate targets. However, the pledge includes a slightly strengthened emissions intensity target, and some environmentalists’ immediate response to the overall package was lukewarm

  • The pledge follows Xi's surprise announcement in September that China would aim to be carbon-neutral by 2060 and have its emissions peak before 2030.

  • Today Xi also offered expanded targets on renewable power and forest growth.

His announcement came at a virtual summit marking the fifth anniversary of the Paris climate deal.

  • The UN hosted the event with the U.K., which is hosting the next round of global climate talks next year, and several other nations.

China’s emissions have been on a generally upward march this century and surpassed the U.S. in the mid-2000s, though they dipped slightly this year, per a major analysis released on Thursday.

"This is an incremental step towards the right direction, but more needs to be done to align near term action and China's carbon-free vision," said Li Shuo, a China analyst with Greenpeace, of China's vow to strengthen its targets under the Paris agreement.

He said in an email exchange that China should aim to have its absolute emissions peak before 2025, compared to their pledge last year of a peak sometime before 2030.

And via Bloomberg, Byford Tsang of the climate think tank E3G said: “While this is a step in the right direction, it falls short of what is required to achieve its 2060 neutrality target.”

It's among the recent pledges that big emitters are rolling out in recent weeks and days.

  • EU officials yesterday reached a deal to cut emissions 55% by 2030 compared to 1990 levels, though many specifics about implementing the plan remain to be worked out.

  • Also yesterday, Prime Minister Boris Johnson said the U.K. would end support for fossil fuel projects overseas.

  • The U.K. vowed to "end export finance, aid funding and trade promotion for new crude oil, natural gas or thermal coal projects, with very limited exceptions."

The Trump administration did not have anyone speak at the summit. President-elect Biden is vowing not only to rejoin the Paris agreement but also to rally countries to take new steps.

  • "I’ll immediately start working with my counterparts around the world to do all that we possibly can, including by convening the leaders of major economies for a climate summit within my first 100 days in office," Biden said in a statement today.

  • Biden is also vowing aggressive new U.S. policies, though his agenda — which includes 100% carbon-free power by 2035 — faces huge hurdles, especially the long odds of moving sweeping legislation.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Druzhba Pipeline Incident Sparks Geopolitical Tensions
Cost of Opposition Leader Péter Magyar's Economic Plan Revealed
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
Von der Leyen's Plane Hit by Suspected Russian GPS Interference in an Incident Believed to Be Caused by Russia or by Pro-Peace or by Anti-Corruption European Activists
China's Robotics Industry Fuels Export Surge
Suntory Chairman Resigns After Police Probe
Gold Price Hits New All-Time Record
UK Fintechs Explore Buying US Banks
Greece Suspends 5% of Schools as Birth Rate Drops
Apollo to Launch $5 Billion Sports Investment Vehicle
Bolsonaro Trial Nears Close Amid US-Brazil Tension
European Banks Push for Lower Cross-Border Barriers
Poland's Offshore Wind Sector Attracts Investors
Budapest Central European Fashion Week Kicks Off
U.S. Celebrates Labor Day
Hungarian National Team Captain Scores Epic Goal
EU is getting aggressive: Four AfD Candidates Die Unexpectedly Ahead of North Rhine-Westphalia Local Elections
Japanese Customer Sways from VW to BYD after “Unbelievable” Test Drive amid Dealership Expansion
Nestlé Removes CEO Laurent Freixe Following Undisclosed Relationship with Subordinate
Pickles are the latest craze among Generation Z in the United States.
Giuliani Seriously Injured in Accident – Trump to Award Him the Presidential Medal of Freedom
Deadline Day Delivers Record £125m Isak Move and Donnarumma to City
Nvidia Reveals: Two Mystery Customers Account for About 40% of Revenue
Woody Allen: "I Would Be Happy to Direct Trump Again in a Film"
Lula and Putin Hold Strategic BRICS Discussions Ahead of Trump–Putin Summit
White House Eyes Budapest for Peace Talks
Cave Diving Beneath the Streets of Budapest
Another American Restaurant Chain Opens in Budapest
Hungarian Opposition Politician Supports Ukrainian Commander
Opposition Leader Threatens Media Outlets
American Airlines Adds New Flights to Budapest
F1 Hungarian Grand Prix Wraps Up
WhatsApp is rolling out a feature that looks a lot like Telegram.
U.S. Trade Representative says Washington still negotiating trade deals after court rules tariffs illegal
Von der Leyen says Europe drawing up 'precise' plans to send troops to Ukraine
Kremlin accuses Europe of hindering Trump’s peace efforts in Ukraine
×